Which of the following is most accurate regarding the timing and frequency of risk assessment? Select one: O a. At the start of a project when developing the project management plan O b. At the start of the project followed by at regular intervals throughout the project lifecycle O c. After the risk event has taken place Od. When a risk event is anticipated e. Should be based on risk triggers As a project manager, you note that there is a significant risk that is beyond the acceptable risk tolerance level. The risk cannot be avoided or transferred. In this scenario what would be the most appropriate course of action to take? Select one: O a. Consider appropriate risk responses to bring down the overall risk exposure to an acceptable level O b. Change the risk tolerance level to match the identified risks severity O c. Inform the key stakeholders and ask for premature project closure to minimize losses Obtain a new insurance plan so that the project losses can be compensated O d. e. Accept the risk and move forward